Urban Enviro Waste Management Limited — Dividend/Bonus, 25-12-2024: Bonus

URBAN ENVIRO WASTE MANAGEMENT LIMITED has announced a board meeting to approve a bonus issue of equity shares in a 1:1 ratio, meaning one new fully paid-up equity share for each existing share held. A total of 43,30,000 equity shares with a face value of Rs. 10 each will be issued, utilizing the Securities Premium account. The record date will be determined by the board, and the bonus shares are expected to be credited within two months of approval. This move will double the paid-up capital from Rs. 43.3 crore to Rs. 86.6 crore, potentially enhancing liquidity and shareholder engagement.